About Al-Futtaim

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world's most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Overview Of The Role

The Emirati Senior Financial Analyst is central to driving the financial performance of the Volvo brand within the Finance division. The position requires managing budgets and forecasts, preparing detailed management reports, conducting thorough performance analysis, and performing regular cash flow forecasting. Success in this role will contribute to optimizing working capital and support strategic decision-making by evaluating brand-level financial performance. The Financial Analyst will also interact with global finance teams and collaborate with business heads to ensure financial accuracy and effective budget management across the division.

What You Will Do

Budget & Forecasting

Manage division and activity level P&L budgeting and forecasting.
Review and forecast balance sheet.
Conduct model level gross margin forecasting and variance analysis.
Upload financial forecast in the reporting tool SAC.
Prepare forecast pack for management review.

Financial Reporting

Support team in monthly books close.
Analyse actual performance for variance analysis against forecast.
Prepare monthly management pack including operational KPIs with detailed analysis and commentaries.
Report on Inventory, Trade Receivables, WIP, Volvo Core and other financial and operational reports using Alteryx tool.
Conduct detailed service maintenance contract report for gold contracts.
Perform cost benefit analysis on a regular basis to improve business expenses related to freight, interest cost, lease vehicles, etc.

Yearly Cash Flow Budgeting

Create comprehensive annual cash flow budget at brand level to determine funding requirements.
Forecast unfunded limits (LC/BG).
Review annual funding requirement with Global Treasury Center (GTC).
Upload annual cash flow budget in Anaplan.

Fortnightly Cash Flow Forecasting

Direct cash flow forecast for all I.E. entities.
Submit cash flow forecast in Anaplan.
Review forecast with Global Treasury Center (GTC).
Timely highlight any substantial variance in funding requirement vs. budget to business heads.
Collaborate with business heads to develop plans for closing the funding gap.

Required Skills To Be Successful

Advanced financial modeling and analytical skills.
Proficient in forecasting and budgeting techniques.
Strong communication and interpersonal abilities.
Able to collaborate effectively with global teams and business heads.

What Qualifies You For The Role

Qualified in Finance or Accounting (CA, CPA, CFA, MBA).
Minimum 5-7 years of relevant experience in FP&A function.
Strong understanding of forecasting methods and cash flow concepts/principles.
Excellent communication, analytical, written, and interpersonal skills.
Proven ability to work with global finance teams.
Ability to meet deadlines and work well under pressure in a fast-paced environment.
Strong capabilities in complex financial modelling.
Strong working knowledge of Microsoft Office, including Excel and PowerPoint.
Knowledge of SAP.

About Al Futtaim

Al-Futtaim Automotive is one of the region's leading mobility businesses, operating across eight countries in the Middle East, Asia and North Africa.

With a portfolio of more than 25 world-leading brands, we deliver one of the region's most comprehensive mobility ecosystems.

Our capabilities span passenger vehicles, commercial vehicles and industrial equipment, backed by integrated logistics, leasing, aftersales and financial services that deliver a seamless customer experience across every stage of the mobility journey.

Our vision is to become a world-class mobility player, creating better experiences for our customers through innovation, digital transformation and a relentless focus on customer experience. We work alongside some of the world's most trusted automotive brands to shape the future of mobility, delivering solutions that meet the evolving needs of individuals, businesses and communities.

Behind everything we do is a team of more than 9,000 colleagues united by ambition, collaboration and a shared commitment to progress. Together, we're shaping the future of mobility, embracing new technologies and creating better experiences for our customers. At Al-Futtaim Automotive, you'll be empowered to turn ambition into action and help move our customers, our business and your career forward.

For further information, and to apply, please visit our website via the Apply button below.

Emiratization | Senior Financial Analyst | Al-Futtaim Automotive | FAMCO